Quote:
Originally Posted by EverCloserUnion
It's rare to see a post on this forum with so many errors.
No tariffs since the WWII? Not so. The US, like all countries, maintains a tariff schedule (typically on a MFN basis if an FTA or RTA isn't in place).
A level playing field? High tariffs do the opposite. They're intended to reduce imports by favouring the domestic producers. It's classic mercantilism (an economic philosophy that fell out of favour more than a century ago).
Canada has agreed to eliminate all tariffs? You should inform the Canadians - it'll be news to them. And no, the only news source reporting this elimination isn't credible.
And to bring this subject back on topic, on top of the Swiss tariffs on Rolex watches you'll also have the issue of dollar weakness vis-a-vis CHF.
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Thank you. Might I add knowing the industry well that the US can’t find enough skilled labor now to fill manufacturing jobs, so even if companies started more manufacturing here, which they won’t because our cost of labor is high compared to other countries, it will take 10 years to get enough into the trades. This should be a long term goal for the US. These tariffs hurt us getting to that goal.